Keystone Global Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Keystone Global Partners, LLC reported 50 stock positions worth $196.3 million. Its top holding was iShares DYN Act ETF (BDYN) at 9.6% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 9.3%) and SS Financial Select Sector (XLF, 7.3%). Compared with Q2 2025, it opened 3 new positions, sold out of 106, added to 11 and reduced 24. The biggest buy was a new position in iShares DYN Act ETF (BDYN) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001764057
- Portfolio Value
- $196.3M (Q3 2025)
- SEC Filing
- 0001764057-25-000008 ↗ filed Oct 20, 2025
Holdings Value
Holdings 50 stocks · $196.3M
| BDYN iShares DYN Act ETF | 9.60% | 744,847 | $18.9M | New |
| SCHG Schwab US Large-Cap Growth | 9.33% | 573,688 | $18.3M | Add +13.0% |
| XLF SS Financial Select Sector | 7.35% | 267,713 | $14.4M | Add +11.9% |
| VEA Vanguard Ftse Developed ETF | 7.19% | 235,449 | $14.1M | Reduce -5.7% |
| VGK Vanguard Ftse Europe ETF | 5.73% | 140,920 | $11.2M | Add +46.5% |
| XLK SS Technology Select Sector | 4.59% | 31,970 | $9.0M | Reduce -2.9% |
| IVV iShares Core S&P 500 ETF | 4.33% | 12,685 | $8.5M | Reduce -2.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.15% | 162,857 | $8.2M | Reduce -56.2% |
| XLC SS Comm Select Sector SPDR | 4.06% | 67,326 | $8.0M | Add +53.1% |
| VMBS Vanguard Mortgage-Backed Sec | 3.89% | 162,706 | $7.6M | Reduce -10.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 3.62% | 63,746 | $7.1M | Reduce -2.6% |
| XLV SS Health Care Select Sector | 3.07% | 43,325 | $6.0M | Add +9.6% |
| XLI SS Industrial Select Sector | 2.74% | 34,907 | $5.4M | Add +42.2% |
| FDIS Fidelity MSCI Cons Discr Ind | 2.43% | 46,351 | $4.8M | Reduce -11.8% |
| JQUA JPMorgan US Quality Factor | 2.19% | 68,442 | $4.3M | Reduce -41.9% |
| URTH iShares MSCI World ETF | 1.99% | 21,532 | $3.9M | Add +17264.5% |
| IGM iShares Expanded Tech Sector | 1.83% | 28,463 | $3.6M | Reduce -6.5% |
| VOO Vanguard S&P 500 ETF | 1.79% | 5,753 | $3.5M | Reduce -3.0% |
| IEFA iShares Core MSCI Eafe ETF | 1.64% | 36,979 | $3.2M | Reduce -4.6% |
| XAR SS SPDR S&P Aerospace Def | 1.52% | 12,668 | $3.0M | Reduce -13.7% |
| RING iShares MSCI Global Gold Min | 1.51% | 45,925 | $3.0M | Reduce -2.1% |
| MTUM iShares MSCI USA Momentum Fa | 1.51% | 11,526 | $3.0M | New |
| NVDA Nvidia Corp. | 1.35% | 14,167 | $2.6M | Add +0.0% |
| VTWG Vanguard Russell 2000 Growth | 1.27% | 10,649 | $2.5M | Reduce -13.0% |
| XLE SS Energy Select Sector | 1.05% | 22,978 | $2.1M | Add +251.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.96% | 3,125 | $1.9M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.90% | 5,998 | $1.8M | Reduce -15.0% |
| SCHQ Schwab Long-Term US Treasury | 0.84% | 50,887 | $1.6M | Reduce -27.7% |
| RSP Invesco S&P 500 Equal Weight | 0.75% | 7,718 | $1.5M | Reduce -52.0% |
| SCHR Schwab Intermediate-Term US | 0.69% | 53,753 | $1.4M | Reduce -18.5% |
| VIG Vanguard Dividend Apprec ETF | 0.64% | 5,821 | $1.3M | Reduce -16.0% |
| AAPL Apple Inc. | 0.60% | 4,608 | $1.2M | No change |
| MSFT Microsoft Corp. | 0.53% | 1,995 | $1.0M | Add +0.1% |
| TSLA Tesla Inc. | 0.52% | 2,292 | $1.0M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.46% | 10,147 | $911K | No change |
| GOOG Alphabet Inc. Class C | 0.45% | 3,640 | $887K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 1,284 | $855K | No change |
| CMF iShares California Muni Bond | 0.28% | 9,589 | $547K | Reduce -43.9% |
| VYM Vanguard High DVD Yield ETF | 0.27% | 3,813 | $537K | Reduce -0.9% |
| SHOP Shopify Inc. Class A | 0.27% | 3,540 | $526K | No change |
| BND Vanguard Total Bond Market | 0.25% | 6,572 | $489K | Reduce -45.1% |
| NYF iShares New York Muni Bond E | 0.22% | 7,997 | $427K | Add +53.0% |
| GLD SPDR Gold Shares | 0.18% | 998 | $355K | No change |
| SCHH Schwab US REIT ETF | 0.18% | 16,288 | $351K | No change |
| EFA iShares MSCI Eafe ETF | 0.16% | 3,375 | $315K | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.16% | 1,424 | $313K | No change |
| KBWB Invesco KBW Bank ETF | 0.16% | 3,930 | $307K | New |
| META Meta Platforms Inc. Class A | 0.15% | 394 | $289K | No change |
| AVGO Broadcom Inc. | 0.14% | 831 | $274K | No change |
| MDY State Street SPDR S&P Midcap | 0.10% | 339 | $202K | Reduce -60.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $5K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TLT iShares 20+ Year Treasury BD | 20 YR TR BD ETF · principal | 56,000 | $5K | Add +75.0% |
Total filed on the 13F, all lines: $196.3M.
Portfolio Sells Q2 2025 → Q3 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -56.2% | 4.15% | −5.78 |
| GOVT iShares US Treasury Bond ETF | Sold out | 0.00% | −2.68 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −2.46 |
| JQUA JPMorgan US Quality Factor | Reduce -41.9% | 2.19% | −1.66 |
| EWJ iShares MSCI Japan ETF | Sold out | 0.00% | −1.40 |
| RSP Invesco S&P 500 Equal Weight | Reduce -52.0% | 0.75% | −0.85 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -10.0% | 3.89% | −0.67 |
| VEA Vanguard Ftse Developed ETF | Reduce -5.7% | 7.19% | −0.56 |
| SCHQ Schwab Long-Term US Treasury | Reduce -27.7% | 0.84% | −0.38 |
| SRLN SS Blackstone Sr Loan ETF | Sold out | 0.00% | −0.31 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.6% | 3.62% | −0.29 |
| FDIS Fidelity MSCI Cons Discr Ind | Reduce -11.8% | 2.43% | −0.26 |
| CMF iShares California Muni Bond | Reduce -43.9% | 0.28% | −0.24 |
| BND Vanguard Total Bond Market | Reduce -45.1% | 0.25% | −0.23 |
| SCHR Schwab Intermediate-Term US | Reduce -18.5% | 0.69% | −0.21 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -15.0% | 0.90% | −0.18 |
| XAR SS SPDR S&P Aerospace Def | Reduce -13.7% | 1.52% | −0.17 |
| MDY State Street SPDR S&P Midcap | Reduce -60.0% | 0.10% | −0.16 |
| USHY iShares Broad Usd High Yield | Sold out | 0.00% | −0.15 |
| VIG Vanguard Dividend Apprec ETF | Reduce -16.0% | 0.64% | −0.13 |
| VTWG Vanguard Russell 2000 Growth | Reduce -13.0% | 1.27% | −0.12 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -4.6% | 1.64% | −0.12 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.11 |
| PMAY Innovator U.S. Equity Power | Sold out | 0.00% | −0.10 |
| TFI SS SPDR N Ice Muni Bond ETF | Sold out | 0.00% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -2.5% | 4.33% | −0.08 |
| NET Cloudflare Inc. Class A | Sold out | 0.00% | −0.06 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.06 |
| BTC Grayscale Bitcoin Mini ETF | Sold out | 0.00% | −0.05 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.05 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.05 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.04 |
| PLD Prologis Inc. | Sold out | 0.00% | −0.04 |
| XMTR Xometry Inc. Class A | Sold out | 0.00% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Sold out | 0.00% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -3.0% | 1.79% | −0.04 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.04 |
| IGM iShares Expanded Tech Sector | Reduce -6.5% | 1.83% | −0.04 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.04 |
| VSGX Vanguard ESG Intl Stock ETF | Sold out | 0.00% | −0.03 |
| SMB Vaneck Short Muni ETF | Sold out | 0.00% | −0.03 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Sold out | 0.00% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.03 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.03 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.03 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.03 |
| ACWV iShares MSCI Global Min Vol | Sold out | 0.00% | −0.02 |
| VMRK Vivmark Residential | Sold out | 0.00% | −0.02 |
| WRB WR Berkley Corp. | Sold out | 0.00% | −0.02 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| BDYN iShares DYN Act ETF | New | 9.60% | +9.60 |
| URTH iShares MSCI World ETF | Add +17264.5% | 1.99% | +1.98 |
| VGK Vanguard Ftse Europe ETF | Add +46.5% | 5.73% | +1.67 |
| MTUM iShares MSCI USA Momentum Fa | New | 1.51% | +1.51 |
| XLC SS Comm Select Sector SPDR | Add +53.1% | 4.06% | +1.46 |
| SCHG Schwab US Large-Cap Growth | Add +13.0% | 9.33% | +1.25 |
| XLI SS Industrial Select Sector | Add +42.2% | 2.74% | +0.77 |
| XLE SS Energy Select Sector | Add +251.6% | 1.05% | +0.74 |
| XLF SS Financial Select Sector | Add +11.9% | 7.35% | +0.52 |
| XLV SS Health Care Select Sector | Add +9.6% | 3.07% | +0.17 |
| KBWB Invesco KBW Bank ETF | New | 0.16% | +0.16 |
| NVDA Nvidia Corp. | Add +0.0% | 1.35% | +0.13 |
| NYF iShares New York Muni Bond E | Add +53.0% | 0.22% | +0.07 |
| MSFT Microsoft Corp. | Add +0.1% | 0.53% | −0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| IGSB iShares 1-5Y Inv Grade Corp. | ISHS 1-5YR INVS · principal | Sold out | 520,705 | $27Kbefore exit |
| TLT iShares 20+ Year Treasury BD | 20 YR TR BD ETF · principal | Add +75.0% | 56,000 | $5K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 54 | $263.0M | XLK, XLF, BDYN, SCHG, VEA |
| Q1 2026 | 51 | $223.7M | XLF, BDYN, XLK, VEA, SCHG |
| Q4 2025 | 53 | $227.4M | SCHG, BDYN, XLF, VEA, VTEB |
| Q3 2025 | 50 | $196.3M | BDYN, SCHG, XLF, VEA, VGK |
| Q2 2025 | 153 | $183.5M | VTEB, SCHG, VEA, XLF, VMBS |
| Q1 2025 | 197 | $142.6M | VTEB, VEA, SCHG, XLF, IVV |